The Daily Docket: Judge Orders Mediation for Dynegy

A judge ordered mediation for Dynegy Holdings LLC after a bankruptcy watchdog called for an independent trustee to take over its Chapter 11 case. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Evergreen Solar Inc. said it has failed to find a buyer for its Devens, Mass., plant and plans to walk away from the facility, which was launched with some $50 million in state aid. Click here to read DBR Small Cap article via WSJ.

(The Daily Bankruptcy Review and DBR Small Cap are daily newsletters with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial to DBR, click here. For DBR SC, click here.)

Seneca Capital Markets has sold about a third of its Dynegy Inc. investment over the past two stock sessions, WSJ reports.

Also according to WSJ, CME Group Inc.’s chief executive is retiring at the end of the year, as the company grapples fallout from MF Global Holdings Ltd.’s collapse.

DealBook reports that MF Global customers have gotten offers to sell their claims and recoup almost everything they lost.

US Airways Group Inc. bought up a number of Internet addresses that could be helpful if it merges with American Airlines parent AMR Corp., WSJ reports.

Mexican glassmaker Vitro SAB won an order barring bondholders from collecting on judgments or seizing U.S. assets, Bloomberg reports.

Philadelphia Eagles player Michael Vick, who filed for bankruptcy protection in 2008, has reduced his debt to less than $400,000, according to TMZ.

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